Xtract Resources Share Discussion Threads

[zero matrix] 02/11/2021 16:20

It is in fact the remaining 25m shares that became tradable from last week. Problem halved ...

[goforgold1] 02/11/2021 16:17

We keepLiving and leaning i need to go further back now when checking before i buy

[steve4077] 02/11/2021 16:16

I thought about selling some shares before 27th and buying back a few days later, but that would probably be the exact time some amazing RNS came out :) Trying to be too clever usually ends badly. It's much less risky to accept the swings and reap the long-term reward.

[papillon] 02/11/2021 16:11

Don't forget CHESTY1 the one year lock in period on 50% of the XTR shares that the sellers of Bushranger got ended last week on the 27th October. Those shares were priced at 1.25p. Must be a temptation to sell for a big profit. They must have intended on selling otherwise why did CB go to the trouble of locking them in for a year?

[goforgold1] 02/11/2021 16:03

YEs just checked chart this has been falling from 27th last Monday . How i missed that really annoyed at myself

[chesty1] 02/11/2021 15:57

What am I missing that RNS read ok to me!

[goforgold1] 02/11/2021 15:49

Which RNS date please i need to read . Thank you i need to sell and wait this is going well down then with 50 million shares to sell at 1.25p . Now we know why we can not hold any gains from 27th OCTOBER

[steve4077] 02/11/2021 14:50

Its not that strange. 50m shares issued at 1.2p became available to trade on October 27th. Some are being sold for 4x profit. Its a temporary problem.

[goforgold1] 02/11/2021 14:47

Down it goes strange share this . Some big sells going through ..

[goforgold1] 02/11/2021 13:44

I said i will hold till November now i have changed my view . Will hold till December now. Wait on hold 25

[picardy] 02/11/2021 13:43

Added here.

[avsome1968] 02/11/2021 11:32

Another good hole which in time will extend our resource, liked this sentence.

. We await the assay results, particularly for hole BRDD-21-022 which reports three zones of more intense mineralisation.

Added a few more today happy to keep adding at this level.

[papillon] 02/11/2021 11:11

Success with hole 25 would be massive. A game changer! Fingers crossed!!

[goforgold1] 02/11/2021 10:06

CB pulled one out hat again . He must be watching price action here . This RNS stopped the selling for now. GOOD RNS again about resources. Getting bigger by the day. All we need now is some big buyers

[papillon] 02/11/2021 09:39

True, Picardy, but unfortunately not currently doing much for the share price Hopefully the share price will improve.

[the diddymen] 02/11/2021 09:22

Just one point. The last issued map of planned holes had 23 drilling in a NE direction. Note that the RNS states NW from the same pad. XTR are clearly looking for an extension to the NW which was found. Again this will extend the resource nicely. Probably a further indication of the accuracy of the IP/resistivity overlay

[picardy] 02/11/2021 09:15

The good news is becoming a norm here.

[zero matrix] 02/11/2021 09:00

Despite my habit of regularly checking the share price several tunes a day (I keep a close eye on other much shorter term positions) I don't feel the same hour by hour, or even daily analysis of this currently low volume market maker stock is particularly enlightening.Likewise chart patterns, moving averages and other indicators have limited, if any, real information to impart. This is not a fast moving traders' stock. The price will go up and down which is gratifying when it doubles from 3 to 6, but a test of will if it drops to 3 from a buy in at 6. That is human nature. However this just is noise against the backdrop of what I regard as a very good prospect whose story is regularly bolstered by progress. The ultimate prize will not be measured in pennies. Comparison to PXC's performance doesn't feel important.

[papillon] 01/11/2021 23:42

free stock charts from uk.advfn.com



free stock charts from uk.advfn.com


It's not unusual for sp's to drop back towards their respective 200 day EMA's after a big rise. Will it happen with XTR? No idea. I can't predict share prices; if I could I wouldn't be posting on an advfn bb whilst trying to keep warm in the UK, I'd be enjoying the good life on a super yacht in the Caribbean. 🤣 Hopefully XTR will continue to issue bullish RNS's that excite potential buyers in the coming weeks and the share price starts to climb again. Fingers crossed.

PS Look and compare the behaviour of their respective 14 day RSI's.

[papillon] 01/11/2021 20:41

It's worth comparing the charts of XTR & PXC to see their recent respective price movements. I hold shares in both of these copper explorers. I'm not saying that the XTR share price will follow exactly the same path as that followed by PXC over the last 4 months, but something similar is a possibility for XTR. Of course both PXC & XTR are news driven. We, of course, hope and expect more good exploration news to be issued by XTR in the coming weeks that will cause the XTR share price to rise up again. In the case of PXC the spike up to 80p+ was followed by a dearth of perceived good exploration news until very recently. Currently the PXC share price has recovered to the mid 70's after rapidly falling from circa 80p to the mid 50's.

From the charts compare the RSI movements for both PXC and XTR